logo

[pdf] International Business : Assignment

   

Added on  2021-05-31

8 Pages1729 Words87 Views
Business DevelopmentEconomicsPolitical Science
 | 
 | 
 | 
Running head: INTERNATIONAL BUSINESSInternational businessName of the studentName of the universityAuthor note
[pdf] International Business : Assignment_1

1INTERNATIONAL BUSINESSIntroduction In the current global scenario, international politics is one of the major areas for concernsfor the global business organizations. This is due to the reason that in the current time, there arevarious instances where it is seen that international political issues are affecting the businessscenario in the global market. Thus, in order to effectively execute international business strategyin the twenty first century, it is important for the global business organizations to have theunderstanding about the current global tensions (Altbach & De Wit, 2015). This will enable themto initiate and design their business strategies in accordance to the emerged global issues.This report will discuss about the importance of understanding of current global tensionsin executing the international business strategy in the twenty first century. In addition, this reportwill also discuss about some of the notable incidents emerged in the current time in theinternational political scenario. Political issuesIn the recent time, one of the major global political issues being emerged in the recenttime is the trade war between the United States and China. According to the reports, President ofthe United States Donald Trump announced huge tariffs on the import of items from Chinaespecially in the aluminum and steel (Handley & Limao, 2013). However, on the other hand,China is one of the major suppliers and producers of steel in the world. Putting of tariff barriersby Trump caused starting of trade war between China and the United States (Brunnstorm,Spetalnick & Blanchard, 2018). This will not only affect the business potentiality of the UnitedStates and China but also it is affecting the business scenario in other countries also. Thus, in
[pdf] International Business : Assignment_2

2INTERNATIONAL BUSINESSrelation to this factor, it is more important for the business organizations operating in this sectorto have the idea and understanding about the current scenario. For instance, an organization manufacturing and selling steels will have to look for newpotential countries if their existing exporting country is the United States. This is due to thereason that putting the tariff barriers in importing goods in the United States will increase thecost of the items and thus the rate of exporting will get reduced. It is also to be noted thatbusiness organizations without having the understanding of the current market of the global steelmarket and regulations, they will not be able to operate effectively in this market and eventuallythey will lose out in the competition (Bown & Crowley, 2013). On the other hand, it is alsoimportant for the importing business organizations of steel in the United States to have thisunderstanding due to the fact that they are entirely depended on the import and without havingthe clear understanding they will not be able to initiate their alternative strategies. Political issue should be fatal in different ways for the investing business organizations.This is due to the reason that political issues will not limited among trade wars and tariffs andregulations, but also it can lead to negative political relationship between the countries andmilitary confrontation. Moreover, in the current time, this issue is much more relevant due to theongoing conflict between different countries. One of the major conflicts that got aroused betweenChina and the United States regarding the possession of the South China Sea will affect theindustries in both countries mainly for the American industries (Smith, 2018). This is due to thereason that majority of the American companies get their job outsourced in China due to the lowcost of operation. Thus, military confrontation between the two countries will lead to economicsanctions and thus the industries will get affected.
[pdf] International Business : Assignment_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
The Global Business Environment
|7
|1807
|267

Future of U.S-China Bilateral Relations
|13
|4383
|85

Impact of U.S. Economic Policies on Global Trade
|9
|2120
|358

Economics: Impact of Protectionism Policies, Emerging Economies, and Fiscal and Monetary Policies
|9
|1905
|366

Impact of Trade Wars between China and USA on International Businesses
|14
|4433
|92

Impact of US-China Trade War on International Businesses
|16
|4217
|38